Elizabeth Taylor's Jewelry, Clothing to Go on Sale in New York

13 FEA ELIZABETH TAYLOR bulgari sapphire necklace
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“Richard learned so much about jewelry, and his taste became so refined — he loved to watch my reaction to any piece he was considering buying for me,” Taylor wrote.


Among the items up for grabs is a 33-carat diamond ring from her two-time husband Richard Burton that's expected to fetch as much as $3.5 million.

A collection of jewelry, clothes, accessories and memorabilia once owned by Elizabeth Taylor is going on sale in New York, but anyone interested in purchasing one of the pieces should be prepared to shell out big bucks.

Taylor's necklaces, earrings, pendants and rings with diamonds, sapphires and other gems will go on auction at Christie's auction house starting Tuesday.

PHOTOS: Elizabeth Taylor's Many Loves

Among the high-profile items is a diamond bracelet given to the National Velvet and Cleopatra actress by Michael Jackson, with an estimated sale price of $30,000 -$50,000.

A 33.19-carat diamond ring given to her by Richard Burton, whom she married twice, is estimated to sell for $2.5 million-$3.5 million.

Taylor, who also starred in classics such as Giant, Who's Afraid of Virginia Woolf? and Cat on a Hot Tin Roof, died in Los Angeles in March at age 79. A jewelry lover, she had pieces from some of the most famous names in the jewelry world, including Cartier, Van Cleef & Arpels and Chopard, in her collection.

STORY: Elizabeth Taylor Jewels Expected to Fetch $30 Million at Auction

Other sales of Taylor's art, clothing and memorabilia will be held later in the week. An online-only sale of some items runs until Saturday. Part of the proceeds will go to the Elizabeth Taylor AIDS Foundation, which she established in 1991 to help people living with AIDS.

Taylor's collection of impressionist and modern art is scheduled to go on sale at Christie's in London in February.

The Associated Press contributed to this report.